An Accounting of the Complete Population Is Known As

question 18

Multiple Choice

An accounting of the complete population is known as:

• A)a population.
• B)a sample.
• C)a sample unit.
• D)a census.
• E)comprehensive accounting.

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Definitions:

General Journal Entries

Accounting entries recorded in the general journal that document business transactions not handled by specialized journals.

Adjusted Trial Balance

A list of all accounts and their balances after adjustments, used to verify the balance of debits and credits and to prepare financial statements.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, summarizing transactions over a period.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal.